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Samsung Electronics said on Friday it has started shipping ‌samples of its latest high-bandwidth memory (HBM) ‌chip, or the 12-layer HBM4E, marking what it said ​was the industry's first shipment of such products. Samsung said the chip uses its latest ⁠1c DRAM process technology, or sixth-generation 10-nanometer-class DRAM, alongside Samsung's 4-nanometer foundry logic base die. The move comes just three months after Samsung began shipping its HBM4 chips to customers in February, underscoring Samsung's ‌efforts to strengthen its ​position in the next-generation ​AI memory market ​by proactively supplying samples of ‌its latest products.

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CXMT wins Shanghai approval for a STAR Board listing that could become mainland China's biggest IPO since 2022.

The company’s unionized workers have approved a tentative bonus-pay deal reached last week with the company, averting a strike at the world’s largest memory-chip maker.

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Memory-chip maker SK Hynix is the latest company to ride the AI chip boom into the elite $1 trillion market-cap club. Shares in the company—the world’s second-largest memory-chip maker—have more than tripled this year.

By Hyunjoo Jin SEOUL, May 27 (Reuters) - Unionised workers at Samsung Electronics have approved a highly contentious deal on bonus pay - one that averts a massive strike but also exacerbates deep

Samsung Electronics workers have approved a landmark profit-sharing agreement that is expected to award employees in the booming memory chip...

The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses. It also opens a Pandora's box for companies in South Korea - a country known for militant wage-bargaining. Unionised Samsung workers voted in favour of the government-mediated pact on Wednesday, marking the first big win for a Samsung union. ‌More significantly, it is only the second time that a major South Korean company has agreed in writing to reward workers with a fixed percentage of operating profit.

SK Hynix has become one of the world’s most valuable chip makers, joining an elite group of companies including Nvidia and TSMC.

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally. Shares of SK Hynix closed ‌the session up 9.3%, after rising as much as 14.9% during the session to take the South Korean chipmaker's market value to a record ‌1,680 trillion won ($1.12 trillion) and propel the country's benchmark KOSPI index to a record high. Domestic rival Samsung surpassed $1 trillion in market value for the first time on May 6, while U.S.-listed Micron did ​so on Tuesday.

Micron Technology topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the largest U.S. memory chipmaker ‌as one of the standout winners of the AI boom. Micron's shares were last up 18% ‌at $886.6 - a record high - with Tuesday's boost coming after brokerage UBS increased its price target on the stock to $1,625 from $535, ​which is the highest among the 46 brokerages covering the company, according to LSEG data. The milestone, which underscores memory chips' central role in AI infrastructure, also reflects a broader shift in the AI trade as investors seek out companies that can benefit from Big Tech's massive spending plans after initially crowding into makers ‌of graphics processors.

A Samsung Electronics union representing the conglomerate's consumer electronics workers said on Tuesday it has asked a South Korean court to block a vote on ‌a pay deal that primarily benefits their colleagues in the company's chip divisions. The government-mediated agreement reached last ‌week, which averted an 18-day strike by 48,000 workers, provides huge bonuses for workers in Samsung's memory chip division, which has seen profits soar amid the ​AI boom. Voting by unionised workers began on Friday and is due to conclude on Wednesday morning.

By Heekyong Yang and Heejin Kim SEOUL, May 26 (Reuters) - A Samsung Electronics union representing the conglomerate's consumer electronics workers said on Tuesday it has asked a South Korean court to

By Heekyong Yang and Heejin Kim SEOUL, May 26 (Reuters) - A Samsung Electronics' union representing the conglomerate's consumer electronics workers said on Tuesday it has asked a South Korean court to

On May 18, Micron's stock fell nearly 6%. On the same morning, three major Wall Street firms turned more bullish on the stock simultaneously. That kind of split between the tape and the research desk does not happen often. Understanding why Citi nearly doubled its price target on a stock that just ...

<body><p>STORY: From SpaceX's blockbuster IPO to Samsung's shares surging after a pay dispute...&nbsp;</p><p>This is the Week in Numbers.</p><p>:: The Week in Numbers</p><p>:: $1 trillion</p><p>Over $1 trillion is the value Elon Musk's SpaceX could reach in its stock market listing.</p><p>That would immediately make it one of the world’s most valuable publicly traded firms.</p><p>Musk has grown SpaceX into the world's largest rocket business by launching thousands of Starlink internet satellites.</p><p>And pioneering reusable rockets.</p><p>SpaceX is aiming to make its market debut as early as mid-June, with a roadshow for investors due to start around a week earlier.</p><p>:: $67 billion</p><p>$67 billion is the value of a deal for NextEra Energy to buy Dominion Energy in an all-stock transaction.&nbsp;</p><p>The two powerhouse utility companies are merging as the AI boom fuels data center demand.</p><p>&nbsp;The deal is one of the biggest in the U.S. power industry, and will create the world's largest regulated electric utility company by market value.&nbsp;</p><p>:: $91 billion</p><p>$91 billion is how much Nvidia expects to make in second quarter sales.&nbsp;</p><p>The world's most valuable company forecast revenue for the quarter above Wall Street expectations.</p><p>And assured investors that new customers would let it maintain blockbuster rates of growth. &nbsp;</p><p>&nbsp;For the first quarter, Nvidia reported revenue of $81.6 billion, also beating forecasts.</p><p>:: 34%&nbsp;</p><p>34% was how much registrations of new EVs in Europe grew by year-on-year in April</p><p>This shift was triggered by an upsurge in international oil prices to well above $100 a barrel.&nbsp;&nbsp;</p><p>During past spikes in fuel prices, consumers also switched to more fuel-efficient cars - but then switched back. &nbsp;</p><p>But, as several European car brands reported a hike in EV orders since the war began, Europe’s senior auto correspondent Nick Carey said this time could be different</p><p>"In markets where EV penetration has already reached a high level, and where charging infrastructure is already quite mature, this is seen as a seismic shift where people are unlikely to go back."</p><p>:: 8%</p><p>8% was how much Samsung Electronic shares surged by&nbsp;after it clinched a deal with its South Korean union...</p><p>to avert an 18-day strike by some 48,000 workers.</p><p>The agreement sparked relief, as a strike could inflict significant damage on the economy and dent global chip supply.</p><p>In terms of the deal, one union source says a memory chip worker with a base salary of about $53,000, is expected to receive a bonus of around $416,000.</p></body>

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From a grotesque 230% valuation gap to a ticking energy crisis, this unstoppable market is more fragile than it looks.

Some 89,000 unionised Samsung Electronics' workers in South Korea will begin voting on Friday ‌on a pay deal that has been hailed as ‌a win for the company as well as its memory chip workers. The vote is due to run until 10:00 a.m. on May ‌27. The 11th-hour government-mediated deal reached on ​Wednesday averted ​a threatened 18-day strike that ​risked inflicting significant pain on ‌South Korea's economy and denting global chip supply.

For all the hype over those two IPOs, South Korea’s SK Hynix could be the hottest new AI story for American investors in the coming weeks. The memory-chip maker has already filed an application to list American depositary receipts with the Securities and Exchange Commission. The size and pricing of the listing haven’t been decided, but SK Hynix could raise up to $10 billion according to local Korean media reports.

The pay deal reached between Samsung Electronics and its union is being hailed as a win for the company which gained key concessions and averted a massive strike, as well as for its memory chip workers - some of whom will receive $416,000 ‌bonuses. Samsung's shares surged 8.5% to a record high on Thursday after the planned 18-day strike by some 48,000 domestic workers was suspended. Samsung workers had been furious about the large gap in bonuses with their peers at smaller rival ​SK Hynix which had beaten Samsung to the punch in delivering advanced AI chip units to Nvidia, bolstering its fortunes.

Around Samsung Electronics' sprawling chip complex southwest of Seoul, workers and residents have met news of a last-gasp pay agreement to prevent a strike with both relief and ‌concern. The tentative pay deal has sparked relief in South Korea, given ​Samsung's importance to the economy, while raising hopes among businesses in the neighbourhood around the complex. "If employees receive performance bonuses as a result of this general strike, I think restaurants near Samsung will benefit greatly, including through company dinners and group meals,” said Lee Se-hee, who owns a fine dining restaurant in Pyeongtaek, a city of around 650,000 people.

(Bloomberg) -- Samsung Electronics Co. could distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year after the company struck a last-minute deal with labor unions to avert a strike.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells S

Wednesday brought a bevy of tech news, from the posting of SpaceX's IPO filing to updates on Nvidia, Anthropic and OpenAI. For the rest of the week, focus turns to the American consumer with Walmart earnings and Friday's swearing in of Kevin Warsh as the new Federal Reserve chair.

A look at the day ahead in European and global markets from Gregor Stuart Hunter The fight over pay is not done at Samsung Electronics.